Gary Campanaro
Housekeepers want 50% without Cleaning
9 January 2025 | 17 replies
I'm a GC so I understand her predicament and realize maintaining relationships is critical.
Sophanara Khoeun
New to Investing: Repairman? & Hire or Not to Hire a Property Management Company
31 January 2025 | 10 replies
Property management fees and software subscriptions are deductible, and depreciation reduces taxable rental income.This post does not create a CPA-Client relationship.
Aaron Robertson
How AB 2622 Is Transforming Property Management in California
9 January 2025 | 0 replies
Simplified ManagementFor those managing multiple properties, AB 2622 streamlines operations by expanding your hiring pool and removing the red tape often associated with minor repairs.Why It Matters for TenantsTenants also benefit from AB 2622:Faster Maintenance: Minor issues like plumbing or lighting can now be resolved promptly.Fairer Move-Out Costs: Affordable repairs mean tenants aren’t hit with inflated charges for damage beyond normal wear and tear.Things to Keep in MindWhile AB 2622 makes maintenance easier, landlords should still vet unlicensed workers carefully, ensure proper insurance coverage, and remember that jobs requiring permits must involve licensed contractors.AB 2622: A Win-Win for California’s Rental MarketAB 2622 strikes a balance between flexibility and accountability, making it easier for landlords to maintain high-quality rentals while fostering better tenant relationships.
Brice Alef-Torrisi
Managing finances between multiple properties
14 January 2025 | 7 replies
Clear financial separation ensures all rental expenses are deductible, maintains legal protections, and simplifies tax compliance.This post does not create a CPA-Client relationship.
Janine Sharma
1099 or W2 for onsite MHP property manager?
12 January 2025 | 7 replies
If they work independently, set their schedule, and use their resources, they might qualify as a 1099 contractor, but misclassification risks IRS penalties.Wages for W-2 employees and payments to 1099 contractors are both deductible business expenses, but compliance is key.This post does not create a CPA-Client relationship.
David Sohn
Subto/Seller Finance Deal Question
12 January 2025 | 2 replies
There are ways to get to the seller that don't violate the buyer / seller relationship.
Kyia Raiford
Newbie eager to learn & find a mentor!
21 January 2025 | 9 replies
I was just curious about how those relationships naturally come about.
Dalton Foote
Value Add MultiFamily
13 January 2025 | 21 replies
I've built relationships with property managers who have distressed properties in their portfolios that can communicate directly to owners.
Bruce M.
Large RV or Boat - Tax incentives, Tax strategies
13 January 2025 | 7 replies
Section 179 deductions may apply to assets directly supporting your business, excluding personal-use components.This post does not create a CPA-Client relationship.
Tom Rairdon
Tax considerations when selling a short term rental
12 January 2025 | 8 replies
., commissions, fees) and consider a 1031 exchange to defer gains by reinvesting in another property.This post does not create a CPA-Client relationship.